Trump takes NVIDIA CEO Jensen Huang to China
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BEIJING, May 14 (Reuters) - Nvidia CEO Jensen Huang told state broadcaster CCTV on Thursday that he hoped U.S. President Donald Trump and Chinese counterpart Xi Jinping would build on their good relationship during talks in Beijing to improve two-way ties.
The artificial intelligence revolution may create fortunes for AI companies and chipmakers, but Jensen Huang believes some of the biggest winners could be workers far removed from Silicon Valley offices.
Shares of the world’s largest company approached another record.
Months-old Ineffable Intelligence announced a record $1.1 billion seed round in April.
The US quietly approved around 10 major Chinese companies to buy Nvidia’s second-powerful H200 artificial intelligence (AI) chips but not a single chip has actually been delivered yet. The deal is stuck because Beijing’s reluctance to let its companies buy American technology.
Prominent U.S. executives from Big Tech, agriculture as well as aerospace and defense have been invited to join President Donald Trump on his trip to China this week.
Nvidia stock is trading at a record high after Wall Street analysts issued bullish calls and as CEO Jensen Huang joins Trump's China summit.
Workers in trades are seeing their career prospects increasingly entwined with that of AI.